How To Fix FARR_CONTRACT_MAIN687 - Contract &1 cannot be marked as completed since allocation revenue <> 0

SAP Error Message - Details

• Message type: E = Error

• Message class: FARR_CONTRACT_MAIN - Revenue Accounting: Contract Management

• Message number: 687

• Message text: Contract &1 cannot be marked as completed since allocation revenue <> 0

Self-Explanatory Message

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Smart SAP Assistant

• What is the cause and solution for SAP error message FARR_CONTRACT_MAIN687 - Contract &1 cannot be marked as completed since allocation revenue <> 0 ?

  The SAP error message FARR_CONTRACT_MAIN687 indicates that a contract cannot be marked as completed because there is still allocated revenue associated with it. This typically occurs in the context of contract accounting or revenue recognition processes within SAP.
  Cause:
  The error arises when:
  
  There are still open allocations or revenue postings linked to the contract.
  The contract has not been fully settled or all related transactions have not been completed.
  There may be pending invoices or unrecognized revenue that needs to be addressed before the contract can be marked as completed.
  
  Solution:
  To resolve this error, you can follow these steps:
  
  
  Check Allocated Revenue:
  
  Review the contract in question (using transaction codes like FARR or FARR_CONTRACT) to see the details of the allocated revenue.
  Identify any open items or allocations that are still active.
  
  
  
  Clear Open Items:
  
  If there are open invoices or allocations, ensure that they are processed or cleared. This may involve:
  
  Posting any missing invoices.
  Settling any outstanding allocations.
  Ensuring that all revenue has been recognized.
  
  
  
  
  
  Review Contract Status:
  
  Ensure that all related transactions (e.g., billing, revenue recognition) are completed.
  Check if there are any other contracts or agreements that might be linked to this contract that also need to be addressed.
  
  
  
  Consult Documentation:
  
  Refer to SAP documentation or your organization's internal guidelines for contract management and revenue recognition to ensure compliance with processes.
  
  
  
  Use Transaction Codes:
  
  Utilize relevant transaction codes to analyze the contract and its allocations. For example:
  
  FARR_CONTRACT to view contract details.
  FBL1N or FBL3N to check for open items related to vendors or accounts.
  
  
  
  
  
  Contact Support:
  
  If you are unable to resolve the issue, consider reaching out to your SAP support team or consulting with an SAP expert who can provide further assistance.
  
  
  
  Related Information:
  
  SAP Modules: This error is typically related to the SAP Contract Accounts Receivable and Payable (FI-CA) module.
  Revenue Recognition: Understanding the principles of revenue recognition in SAP can help in managing contracts effectively.
  Transaction Codes: Familiarize yourself with transaction codes related to contract management, billing, and revenue recognition to streamline the process.
  
  By following these steps, you should be able to identify the cause of the error and take appropriate actions to resolve it, allowing the contract to be marked as completed.